For the month of February 2022, Lebanon experienced a steady appreciation the exchange rate in the parallel market to an average of LBP/USD 21,900. This was accompanied by the approval of a preliminary ... read more
BLOM Bank published on 31/1/2022 its consolidated, but un-audited, financial results for year 2021. The results obtained were naturally affected by the impact of the financial and economic crisis that has ... read more
BLOM Bank published on 1/3/2021 its un-audited, consolidated financial results for year 2020. The results obtained were largely affected by the impact of the financial and economic crisis that has struck ... read more
The Board of Directors of BLOM Bank SAL (the Bank) conveyed on Monday, January 25,2021 and took the decision to call the shareholders of the Bank to hold an Extraordinary General Assembly Meeting on ... read more
BLOM Bank’s Board of Directors (BoD) convened on June 19th 2020 and decided to hold an ordinary general assembly meeting on Wednesday July 15th 2020 at 11.00 am and an extraordinary general assembly ... read more
BLOM Bank’s extraordinary General Assembly held on January 14th approved the terms of raising the bank’s Common Equity Tier I by $261.94M through cash contributions (in USD), which is equivalent to 10% of ... read more
BLOM Bank’s Board of Directors convened on Friday December 13th 2019 and decided to hold an extraordinary general assembly meeting on Tuesday January 14th 2020 at 12.00pm at the bank’s headquarters in ... read more
Current Environment The current economic slowdown is taking its toll on the performance of Alpha Banks which was published by Bankdata for H1 2019. The balance sheet of the 16 Alpha Banks with deposits ... read more
The Alpha Group’s (Top Lebanese Banks with more than $2B in deposits) total assets registered an increase in 2018, in large part due to higher domestic assets. According to Bank Data, the Alpha Group’s ... read more
The BLOM Stock Index (BSI) fell by 1.12% to reach 946.78 points over the last week. The market capitalization decreased from $9.33B last week to $9.23B to this week. On average 103,404 shares worth $ ... read more
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